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Tuesday, January 12, 2016

#12 Reason Life Science Companies Need an ERP: New Product Introductions and Changing Regulations

Posted by Armanino Dynamics Team

Reason #12 from | THE GLOBAL LIFE SCIENCES RACE IS ON! 14 Critical Hurdles to Clear on the Way to the Finish Line:

NEW PRODUCT INTRODUCTIONS AND CHANGING REGULATIONS 

Ongoing pressures around new product development and changing regulations continue to keep executives searching for answers, and rank high among the industry challenges listed in the Emergo Group’s “Outlook for the Medical Device Industry for 2015.”

New Product Introductions and Changing Medical Device Regulations

Companies can address new product development and changing medical device regulations by having the necessary quality management/data management/product lifecycle management and standard ERP tools work seamlessly together. Having a scalable and efficient ERP system such as Microsoft Dynamics AX, which can be leveraged to provide new product development flexibility and provides ease of data access to support regulatory efforts, is vital to life science companies.

Read the entire list at: THE GLOBAL LIFE SCIENCES RACE IS ON! 14 Critical Hurdles to Clear on the Way to the Finish Line.

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